Fleet specialist Flock secures $38m in funding
London-based insurtech Flock has raised $38m (£31.7m) in a series B funding led by Octopus Ventures.
According to Flock’s CEO, Ed Leon Klinger, the funding round will allow the company to expand into new segments of the commercial motor industry, as well as new geographical locations.
Related Flock reveals expansion plans as it looks to grow in the broker spaceFlock's chief revenue officer discusses the specialist's plans for growing its broker network and launching new products
The insurtech will be “doubling down” on its data-driven approach to risk quantification and
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk